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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.75% per year. These returns cover a period from January 1, 1988 through July 7, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Zacks News
Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy – from oil production, to refining and marketing. The company generates more than $146 billion in annual revenues and produces in excess of three million barrels per day of oil equivalent. Chevron currently churns out oil and natural gas at a 60/40 ratio. As of the end of 2019, the company had proved reserves of approximately 12.6 billion barrels of oil-equivalent. While the energy sector downturn since mid-2014 has significantly impacted Chevron’s stock price, it is still the 45-largest company in the S&P 500 Index. With its relatively low-risk energy business structure, robust financial health, and ample free cash flows, Chevron remains well positioned to navigate the weak oil and gas prices.
Here's How the Big Oil Companies Look Ahead of Q1 Earnings
by Nilanjan Choudhury
ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A) and BP plc (BP) are scheduled to come out with first-quarter earnings in the next few days.
Chevron (CVX) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed at $86.98 in the latest trading session, marking a +0.21% move from the prior day.
Analysts Estimate Chevron (CVX) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Coronavirus Pushes Oil Supplies Toward Record, Hits Fuel Demand
by Nilanjan Choudhury
Per the official U.S. data, oil inventories - at 518.6 million barrels - are now close to their peak of 535.5 million barrels achieved in March 2017.
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Sweta Killa
Sector ETF report for FENY
Stock Market News for Apr 21, 2020
by Zacks Equity Research
Benchmarks ended in the red on Monday, owing to the decline in oil prices.
Oil Goes Below Zero: What's Behind the Negative Pricing?
by Nilanjan Choudhury
The nearest-month oil contract is suffering from a perfect storm of bad news - demand slump, the global coronavirus pandemic and a supply glut.
National Beverage, ASGN, British Petroleum, Chevron and ExxonMobil highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
National Beverage, ASGN, British Petroleum, Chevron and ExxonMobil highlighted as Zacks Bull and Bear of the Day
3 Oil Stocks That Refuse To Give Up Their Dividend
by Daniel Laboe
The largest energy companies are liquid enough to maintain their dividend without turning a profit for quite some time.
Chevron's (CVX) Tengiz Venture to Conduct Just Critical Work (Revised)
by Zacks Equity Research
With an aim to ensure safety and to curtail the impact of COVID-19, Chevron (CVX) has suspended all non-essential work on its $45 billion Tengiz field expansion project in Kazakhstan.
Why Oil Prices Keep Falling and are Likely to Remain Low
by Nilanjan Choudhury
The federal government's EIA report revealed that crude inventories surged by 19.2 million barrels, the largest ever, for the week ending Apr 10.
Chevron Divests Energy Assets in Azeri Oil Field to MOL
by Zacks Equity Research
Chevron's asset sale in Azerbaijan provides it with the much-needed cash at a time when oil is facing a historic slump.
Zacks Market Edge Highlights: Microsoft, Walmart, Chevron, Teladoc Health and AMN Healthcare Services
by Zacks Equity Research
Zacks Market Edge Highlights: Microsoft, Walmart, Chevron, Teladoc Health and AMN Healthcare Services
ExxonMobil Adjusts Australian Drilling Plans Amid Coronavirus
by Zacks Equity Research
ExxonMobil (XOM) says that it will continue to prioritize the safety of its workforce amid the pandemic.
Chevron Halts Work on $45BTengiz Project Due to Coronavirus
by Zacks Equity Research
With an aim to ensure safety and to curtail the impact of COVID-19, Chevron (CVX) has suspended all non-essential work on its Tengiz field expansion project in Kazakhstan.
Are Buyback ETFs in Troubled Waters?
by Sanghamitra Saha
With an increasing number of companies suspending buybacks and some cutting the dividend payouts too, the outlook for buyback and dividend ETFs has deteriorated.
5 Stocks to Navigate the Coronavirus Earnings Season
by Tracey Ryniec
This will be an earnings season unlike any other. Where should stock investors be looking for safety and deals?
Shell (RDS.A) Exits Russian Arctic Deal With Gazprom Neft
by Zacks Equity Research
Shell (RDS.A) cancels the deal to develop five oil fields in Russia???s Yamal-Nenets region due to the slack oil demand scenario, the recent weakness in commodity prices and supply glut.
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed at $84.56 in the latest trading session, marking a -0.41% move from the prior day.
ExxonMobil Gets Regulatory Nod for Double E Gas Pipeline
by Zacks Equity Research
ExxonMobil's (XOM) Double E Pipeline is set to transport natural gas from the northern Delaware Basin in Eddy County to Waha, TX.
Baker Hughes to Cut Net Capex by 20%, Book $15B Writedown
by Zacks Equity Research
Baker Hughes (BKR) expects to book a $15-billion non-cash goodwill impairment charge in first-quarter 2020.
The Zacks Analyst Blog Highlights: ExxonMobil, Royal Dutch Shell, Chevron, Concho Resources and Occidental
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Royal Dutch Shell, Chevron, Concho Resources and Occidental
OPEC+ Agrees to Oil Output Cut, Puts an End to Price War
by Kaibalya Pravo Dey
President Trump agrees to help Mexico with production cuts, which favored the OPEC+ pact.
Is the Biggest Production Cut Deal Big Enough to Save Oil?
by Nilanjan Choudhury
Member countries of the OPEC+ group, looking to shore up prices, agreed to slash output by 10 million barrels per day, equal to roughly 10% of current worldwide production.
Equinor Gets Regulatory Nod for Floating Offshore Wind Farm
by Zacks Equity Research
Equinor's (EQNR) Hywind Tampen wind farm project incorporates 11 floating offshore turbines, which are set to generate a total of 88 megawatts of electricity.